Equinox Fitness to expand operations
Crain's New York Business reports that Manhattan-based Equinox Fitness clubs is raising $35 million to open seven new clubs this year.
It reports that the financing will be led by two private equity firms, North Castle partners and J.W. Childs Associates, both of whom paid $150 million for a majority stake in the company in 2000.
TriBeCA in the south of Soho and the Soon to be completed AOL Time Warner headquarters near Central Park in New York will be home to two of the new clubs. Details of the other locations have not yet been given.
The new openings will bring Equinox's total number of clubs to 22.
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